Denmark: Environmental services company Reconor, a subsidiary of private equity firm Agilitas, has purchased Mijodan for an undisclosed sum. Mijodan, based in South Jutland, recycles a number of products, including gypsum wallboard.
Gyplac to rebrand as Grupo Etex
Colombia: Gypsum wallboard producer Gyplac and cement producer Skinco Colombit will rebrand as Grupo Etex. The group also has investments worth US$77m planned over the next five years, according to Dinero magazine. The company holds a 12% share of the building materials market locally.
USG Washingtonville plant to spend US$8m on automation upgrades
US: USG’s Washingtonville gypsum wallboard plant in Pennsylvania plans to spend US$8m towards automation upgrades in 2017. Plant manager Nicholas Latkovic told the Daily Item newspaper that the company also expects to spend US$8m or higher in 2018. The upgrade will include 20 automated guided vehicles and automated board handling equipment to speed up the production process by 20%. The investment is also expected to add four or five people to the total workforce of 125.
Centurion Minerals to buy full stake in agricultural gypsum project
Argentina: Centurion Minerals is in the process of buying the remaining 50% share in the Ana Sofia Agri-Gypsum Project from its joint-venture partner Demetra Minerals. The final transaction will be subject to shareholder and regulatory approval.
"Owning 100% of the Ana Sofia Agri-Gypsum Project has been our goal since we were first introduced to the project. Despite unprecedented weather-related disruptions for the agricultural industry in South America in 2017, we see these short-term challenges as long-term benefits that will drive increased agri-gypsum demand," said Centurion's president and chief executive officer, David Tafel.


